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Budget Year / Version:  
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Description

This project provides for an underground, 152 space public parking garage on the current site of Public Parking Lot #3, located at 8206 Fenton Street in Silver Spring. The underground, public parking garage will be designed and constructed by a private development partner the County selected through a competitive Request for Proposal (RFP) process. The private development has received Project Plan approval from the Planning Board. The specific mix of uses and numbers of private parking spaces to be constructed are currently being determined within the Site Plan approval process.
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Phase

Ongoing

Status

Pending Closeout
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Budget Snapshot
$0.24M Total
Expenditures/Funding
$0M 6 Year Total
Expenditures/Funding
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Location

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Capacity

The underground, public parking garage will consist of 152 County owned and operated public parking spaces.
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Estimated Schedule

Expected construction to begin late FY17, depending on developer funding and schedule revision.
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Justification

Public Parking Lot #3 is being redeveloped in accordance with the Silver Spring Sector Plan. Based on an analysis conducted by the Department of Transportation's Division of Parking Manangement, the underground, public parking garage is appropriately sized to meet the needs of the planned private redevelopment project and the current parking needs of the service area. Mandatory referral to Maryland-National Capital Park and Planning Commission (M-NCPPC) for the County's underground, public parking garage has been completed.
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Fiscal Note

The County has completed a General Development Agreement (GDA) that obligates the developer to construct the parking garage and title it to the County as a condominium on a turn key basis in exchange for fee simple title to the County land. The only costs to the County are estimated to involve review of the garage design and construction inspection to ensure the facility is constructed in accordance with County standards.
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Disclosures

A pedestrian impact analysis will be performed during design or is in progress.
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Coordination

PEPCO, Washington Suburban Sanitary Commision, Department of Technology Services, Office of Management and Budget, Maryland-National Capital Park and Planning Commission
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Budget Snapshot
$0.24M Total
Expenditures/Funding
$0M 6 Year Total
Expenditures/Funding
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Project Details
Project NumberP501111
Date Last Modified01/03/20
Administering AgencyTransportation
CategoryTransportation
SubCategoryParking
Planning AreaSilver Spring and Vicinity
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Total Expenditures by Cost Element (000s)
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Total Funding by Source (000s)
EXPENDITURES (000s)
Cost ElementsTotalThru FY19Est FY20Total 6 YearsFY 21FY 22FY 23FY 24FY 25FY 26Beyond 6 Years
Planning, Design and Supervision00000000000
Land00000000000
Site Improvements and Utilities00000000000
Construction240024000000000
Other00000000000
Total Expenditures240024000000000
FUNDING (000s)
Funding SourceTotalThru FY19Est FY20Total 6 YearsFY 21FY 22FY 23FY 24FY 25FY 26Beyond 6 Years
Current Revenue: Parking - Silver Spring240024000000000
Total Funding Sources240024000000000
OPERATING BUDGET IMPACT ($000s)
Impact TypeTotal 6 YearsFY 21FY 22FY 23FY 24FY 25FY 26
Maintenance42777777
Energy42777777
Program-Other306515151515151
NET IMPACT390656565656565
APPROPRIATION AND EXPENDITURE DATA ($000s)
Appropriation FY 21 Request0
Year First AppropriationFY14
Appropriation FY 22 Request0
Last FY's Cost Estimate240
Cumulative Appropriation240
Expenditure / Encumbrances0
Unencumbered Balance240